Bernanke: Low Rates Still Needed - WSJ.com

Ben's got this one right: Low rates are still very important to our recovering economy. 

Bernanke: Low Rates Still Needed - WSJ.com

Still, it puzzles me why he would be even hinting at raising rates in the future.  We are so far from an inflationary scenario that it's precisely what he should NOT be signalling at this time. Yet the inherent nature of a central bank is to have its finger poised closed to the short term interest rate trigger, perhaps because that's the most powerful direct economic weapon it has. 

Right now, it would make a lot more sense to holster that weapon entirely. - David